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Author Question: Which of the following suggests problems with multicollinearity? a. VIF > 5.0 b. < 3.0 c. ... (Read 43 times)

Awilson837

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on: Jun 29, 2018
Which of the following suggests problems with multicollinearity?
 a. VIF > 5.0
  b.  < 3.0
  c. Power > 0.8
  d.  > 0.8

Question 2

How is General Motor's Employee Discount Program a best case example of consumer promotions?


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joanwhite

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

General Motors stirred up the automotive industry in 2005 when it launched the Employee Discount Pricing promotion. The program, which de-emphasized the traditional haggling at the automobile dealer, scored big for GM. It was viewed by GM as a bridge to the company's new Total Value Proposition strategy that the company is putting in place for the long term.


Awilson837

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

bblaney

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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